real estate

$110M Condo Project to Rise in Austin

A busy area developer is looking to build 250 condo units, that would also include a retail strip on South Congress Avenue. Intracorp’s 44 East Ave tower is completely sold out. The developer is also selling residences in its 139-condo Congress Lofts at St. Elmo, which is still under construction near the proposed site for their latest project.

The latest project at 2105 S. Congress Ave., directly south of Lively Middle School, would raise a mid-rise condo building with a garage and street-level retail on one of Austin’s most popular streets, according to a public filing.

Construction is expected to begin March 1, 2024, with an estimated completion date of Oct. 1, 2025. The project carries an estimated cost of $110 million and will be 620,000 square feet. Intracorp Texas may demolish some existing buildings to build the mixed-use project.


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